Overview
Description
National Storage Affiliates Trust is a real estate investment trust (REIT) involved in the ownership, operation, and acquisition of self-storage properties across the United States. Established with the mission of consolidating a highly fragmented industry, this REIT targets the storage needs of individuals, families, and businesses looking to safely store personal belongings, inventory, or excess goods. National Storage Affiliates Trust has carved out a niche in the self-storage market by leveraging a unique partnership structure with independent operators, thereby benefiting from local expertise and existing customer bases while maintaining the scalability of a large company.
By focusing on secondary and tertiary markets, National Storage Affiliates Trust absorbs competitive pressures often encountered in crowded metropolitan areas, thus allowing for a diversified growth strategy. As a vital component of the growing REIT sector, it provides investors with a means to invest in real estate without direct property management, offering potential income through dividends generated from storage rentals. This trust's operational model contributes significantly to streamlined, efficient management and maximizes occupancies and rental rates, enhancing its presence and importance in the national self-storage industry landscape.
About
CEO
Mr. David G. Cramer
Employees
1466
Address
8400 East Prentice Avenue
9th Floor
Greenwood Village, 80111, CO
United States
9th Floor
Greenwood Village, 80111, CO
United States
Phone
720 630 2600
Website
Instrument type
Preferred stock
Sector
Real Estate
Industry
REIT - Industrial
Country
United States
MIC code
XNYS